LOS ANGELES -- The Los Angeles Kings reached agreement on a three-year, $5.85 million contract with restricted free agent Dwight King, avoiding an arbitration hearing that had been scheduled to take place in Toronto on Friday.
General Manager Dean Lombardi said the new agreement was finished Tuesday night. It was announced by the team Wednesday.
King, 25, had 15 goals and 30 points in 77 regular-season games last season and earned $750,000. He added three goals and 11 points in 26 playoff games as he and the Kings won their second Stanley Cup championship in three seasons. The left winger was chosen by the Kings in the fourth round of the 2007 entry draft.
The signing leaves the Kings about $200,000 short of the NHL's $69 million salary cap for next season.
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